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dealing with option pool shuffle diluting founders

Started by gighustle_26 · Mar 18, 2025 · 1,288 views · 6 replies
For informational purposes only. This is not legal advice. Laws vary by jurisdiction. Consult a qualified attorney for advice specific to your situation.
GI
gighustle_26 OP

Quick background on my situation — any input appreciated.

option pool shuffle diluting founders. I've been dealing with this for about 5 months now and the situation isn't improving.

I have already done some research online but got conflicting advice.

Has anyone been through something similar? What worked for you?

JW
Justin_W_14

Been there. Here's what I learned.

I ended up hiring an attorney to send the initial letter, which cost about $2-4 but saved me a lot more in the long run.

KI
keeping_it_real_27

Just want to point out — the statute of limitations might be a factor here. In some states it's as short as 1-2 years. Don't sit on this too long.

EA
exhibit_a_hole_10

Been there. Here's what I learned.

What worked for me was having everything documented. It took 3-6 months but was worth it fr fr.

IN
InsuranceAdj_25

Have you tried reaching out to your state's bar association? They sometimes have free resources or mediation services.

RL
rebecca_l_28

I work in this industry and unfortunately this is very common. The good news is that when people actually push back with legal representation, companies usually settle.

MK
matt_k_real_20

Honestly? I'd get a consult. Changed my whole perspective when I did.